Sentences with phrase «number of days in the period»

The calculation is as follows: Monthly Interest Rate = Periodic Interest Rate x Number of Days in a Period

It is calculated by dividing the average balance of account receivable by total net credit sales and multiplying the quotient by the total number of days in the period.

The calculation is as follows: Monthly Interest Rate = Periodic Interest Rate x Number of Days in a Period

They calculate the moving average by taking a stock's closing prices over a period of time, adding them up, and then dividing by the number of days in that period.

The number of days in a period in this case is 30, since we are interested in calculating the balance at the end of each month.

I simply aggregated the total holding period return then divided it by the number of days in that period and then multiplied the result with 365.

The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.

You'll note that the number of days in a period canceled out, after we combined the two formulas.

** Average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

For an individual long - term debt, this interest expense equals the number of days in the period divided by 365, times the annual interest rate, times the outstanding principal balance.

For a single debt, this amount equals the number of days in the period that unpaid interest has accrued divided by 365, times the annual interest rate, times the outstanding loan amount.

* Average Daily Balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Next, multiply your periodic interest rate by your average daily balance, then multiply that number by the number of days in the period:

Add up the total daily balance for the month, and then divide that number by the number of days in the period to get your average daily balance.

Additional Savings and Money Market Disclosures The average collected balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

The number of days in a period in this case is 30, since we are interested in calculating the balance at the end of each month.